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News Discussion  » General: NCsoft Q2 Profits Up 451%

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26 posts found
  thamighty213

Hard Core Member

Joined: 9/17/06
Posts: 1484

8/14/09 9:03:23 AM#21
Originally posted by rhinok
Originally posted by thamighty213

Yep its only really departmental heads that where laid off or fired and restructured into NCSoft west

All of the other staff such as community/ web dev etc based out of brighton are now working from home still in europe or have moved stateside.

You have no idea what you're talking about.  The NC Austin office is basically running on a skeleton crew.  I have friends @ NCAustin that were laid off as far back as August, one of whom is still out of a job.  NC Austin was gutted, plain and simple, from management all the way down to QA staff.  

~Ripper

 

Yes Austin was but the vast majority from middle management and below at  Austin where offered new posts if they chose not accept them then that's there own fault  or they just wernt good enough to make the cut or they where part of the Tabula Rasa team.

 

Mass Firings compared to a team being laid of because the game was a complete failiure are 2 very different things IMO.

 

Or should NCSoft in your logic have kept all of the TR guys and found them posts that just wern't there.

  User Deleted
8/14/09 12:46:14 PM#22

Dunno what planet some of you guys are from but a simple check of NCSofts quarterly report should tell you some very basic info

www.ncsoft.net/global/ir/quarterly.aspx

This large increase has been building since Aion launched.

It's Aion and Lineage 1 / 2 that NCSoft makes most of its money off of.

Total payroll is hardly down at all meaning whatever they cut in the U.S. isn't that much of an impact. Probably has more to do with the fact that we suck as a market and our games generate very little in terms of revenue.

"other" would mean games like CoH and such which hardly has an impact on NCSofts numbers at all.

And as a history leason, NCSoft has been cutting, moving and consolidation (eliminating) the U.S. studios for years now.

We make them no money in other words. In fact we cost them tens of millions in development dollars and they have nothing to show for it but 2 shut down games, one marginally successful subscription game and one successful free to play (GW) game that is making very little money at the moment.

Meanwhile everything they have made themselves is making them big money.

  Stratford

Novice Member

Joined: 6/30/04
Posts: 120

8/15/09 2:46:01 PM#23
Originally posted by nekollx
Originally posted by rhinok
Originally posted by thamighty213

Yep its only really departmental heads that where laid off or fired and restructured into NCSoft west

All of the other staff such as community/ web dev etc based out of brighton are now working from home still in europe or have moved stateside.

You have no idea what you're talking about.  The NC Austin office is basically running on a skeleton crew.  I have friends @ NCAustin that were laid off as far back as August, one of whom is still out of a job.  NC Austin was gutted, plain and simple, from management all the way down to QA staff.  

~Ripper

so the reduction of 1 office is "mass firing" to you? Tell ya what look up how many people EA has pink slipped.

 

When you only have a handful of offices in NA, yes, that is mass firing.

 

Who needs to go back to school?

 

*sigh* Kids....

  User Deleted
8/15/09 2:56:33 PM#24
Originally posted by Lydon

WOW O_O


Just wait until GW2 joins the mix. Apparently it's ready for unveiling "very soon according to the devs."


 

Guild Wars 2 > Aion because Arenanet rocks. Can't wait!

  Atrayo

Novice Member

Joined: 1/08/04
Posts: 34

8/15/09 8:38:55 PM#25

Hi All,

I quote:
--------------
"Richard Garriot can scream what the hell he wants but this are the facts. ---tryklon."
-------------

The way that NC Soft showed Mr. Richard Garriott the "airlock" (pun intended) was plain bad business. (maybe NC Soft was desperate or thinking its cunning) But Richard Garriott getting removed the way he did was a nasty breach of his contract.

Of course Richard Garriott will settle out of court costing NC Soft a slap on the wrist financially speaking.

---------------

Thanks "Torak" for those informative comments of yours above.

----------------------
The Older Gamers

  User Deleted
8/15/09 8:43:24 PM#26
Originally posted by Torak

Dunno what planet some of you guys are from but a simple check of NCSofts quarterly report should tell you some very basic info

www.ncsoft.net/global/ir/quarterly.aspx

This large increase has been building since Aion launched.

It's Aion and Lineage 1 / 2 that NCSoft makes most of its money off of.

Total payroll is hardly down at all meaning whatever they cut in the U.S. isn't that much of an impact. Probably has more to do with the fact that we suck as a market and our games generate very little in terms of revenue.

"other" would mean games like CoH and such which hardly has an impact on NCSofts numbers at all.

And as a history leason, NCSoft has been cutting, moving and consolidation (eliminating) the U.S. studios for years now.

We make them no money in other words. In fact we cost them tens of millions in development dollars and they have nothing to show for it but 2 shut down games, one marginally successful subscription game and one successful free to play (GW) game that is making very little money at the moment.

Meanwhile everything they have made themselves is making them big money.

 

Thank you for that post, Torak. :)

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